Natasha Pollock - Oct 31, 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role: VP - Human Resources
Signature: /s/ Natasha Pollock
Stock symbol: TKR
Transactions as of: Oct 31, 2022
Transactions value $: -$1,606,998
Form type: 4
Date filed: 11/2/2022, 06:20 PM
Previous filing: Aug 5, 2022
Next filing: Feb 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TKR	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	-$265K	-3.72K	-100%	$71.29	0	Oct 31, 2022	401(k)	F1
transaction	TKR	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	-$1.34M	-18.6K	-100%	$72.19	0	Nov 1, 2022	Held in Spouse 401(k)	F1, F2
holding	TKR	Common Stock						5.09K	Oct 31, 2022	Direct
holding	TKR	Common Stock						3.2K	Oct 31, 2022	Held by Spouse	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 26, 2018, the Company announced that effective January 1, 2019 the primary U.S. Company sponsored 401(k) plan would no longer allow contributions to be made to the employer stock fund to align with industry trends to remove investment in the employer's stock as an option in a company sponsored 401(k) plan. All participants in this plan, including the named officer, are required to transfer remaining funds in the employer stock fund to other fund options by December 31, 2022.
F2	The reporting person disclaims beneficial ownership of these shares to the extent that they exceed the reporting person's pecuniary interest. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

Content

On June 26, 2018, the Company announced that effective January 1, 2019 the primary U.S. Company sponsored 401(k) plan would no longer allow contributions to be made to the employer stock fund to align with industry trends to remove investment in the employer's stock as an option in a company sponsored 401(k) plan. All participants in this plan, including the named officer, are required to transfer remaining funds in the employer stock fund to other fund options by December 31, 2022.

The reporting person disclaims beneficial ownership of these shares to the extent that they exceed the reporting person's pecuniary interest. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.